Miami has long been synonymous with luxury living, pristine beaches, and a lively cultural scene. For those looking to combine a personal retreat with a lucrative real estate investment, Miami’s condotel market offers the perfect solution. Condotels, or “condominium hotels,” are unique properties that provide the benefits of full-service hotel amenities along with private ownership. They cater to those wanting the best of both worlds—vacation-ready accommodations and the potential for passive income.
This guide explores the best condotel buildings in Miami, highlighting their standout features, prime locations, and investment opportunities. Plus, we’ll discuss what makes condotels such a unique offering and provide tips to help you choose the right one for your needs.
What Are Condotels and Why Are They Popular?
A condotel operates as a hybrid property, blending the luxuries of a high-end hotel with the flexibility and ownership perks of a condo. Owners enjoy hotel-style services while also having the option to rent their unit out through a managed program when they’re not using it. This makes condotels especially appealing for part-time residents, frequent travelers, and investors.
Gale Hotel and Residences
Gale Hotel and Residences captivates STR investors with its unrivaled blend of resort-style luxury and modern living. Offering indulgent spa treatments, state-of-the-art fitness facilities, a hammam, a sauna, and an array of upscale dining options on both the ninth and ground floors, Gale isn’t just a place to live—it’s a lifestyle redefined.
The property boasts 160 condo/hotel apartments and 448 residential condos, available in studio, one-bedroom, and two-bedroom configurations. Each unit comes fully finished and furnished, ensuring a stress-free, turnkey investment. Floor-to-ceiling windows bathe the interiors in natural light, creating a spacious, airy ambiance, while many units feature private balconies to take in Miami’s breathtaking city views.
Located at 159 NE Street in Miami, Gale Hotel and Residences offers unbeatable convenience. Just minutes from the Kaseya Center and Museum Park, its prime location puts the city at your fingertips. Multiple Metromover stations right outside the building make exploring Miami effortless. At Gale Hotel and Residences, sophisticated luxury meets extraordinary accessibility..
Lofty Brickell
Lofty Brickell is Miami’s first-ever residential complex made specially for vacation-minded investors. Newgard Development Group completed its 300 fully furnished one-bedroom to three-bedroom residences as individual all-in-one packages you could either live in full time or rent on homesharing platforms. Flexible policies on the latter are only the beginning of what makes this place stand out. On-site amenities across its 1.6-acre site include a two-story lobby with floor to ceiling windows, a resort pool with cabanas, a bar and grill, a riverfront restaurant, a co-working lounge, private meeting rooms, an event room, a fully-equipped fitness center, private Peloton studios, a yoga lounge and terrace, and on-site hospitality management. Residents and visitors further enjoy the convenience of round-the-clock concierge service, valet parking, and security.
The Elser
The Elser at 398 NE 5th Street sets the standard for successful condo-hotel development, seamlessly blending luxury living with investment appeal. This stunning tower attracts both vacationers and real estate buyers with its exceptional multi-bedroom suites and top-tier amenities. Unit sizes range from 450 to over 1,200 square feet, offering ample options to suit different needs. Each residence comes fully furnished with elegant essentials, including plush beds, dining tables, nightstands, and comfortable seating, while many also feature walk-out balconies for outdoor relaxation. The largest units can accommodate up to eight guests with ease.
For long-term residents, The Elser offers an array of first-class perks. Beyond must-haves like a pool and a stylishly designed lobby, residents enjoy exclusive access to a private lounge, an expansive outdoor terrace, a dedicated yoga area, and a state-of-the-art fitness center. Its prime location near the port adds further appeal, making 398 NE 5th Street a year-round hotspot for both boaters and commuters. With its thoughtful design and unparalleled convenience, The Elser redefines modern condo-hotel living..
Millennium Tower
Millennium Tower, conceived and crafted by the esteemed Four Seasons, redefines luxury living in Miami. This exclusive residential masterpiece offers two- and three-bedroom suites, showcasing a level of construction quality that has become increasingly rare in Miami’s real estate market. Spanning floors 40 to 70, the tower houses over 80 long-term residences, reserved solely for discerning owners.
Each residence boasts expansive layouts with 10-foot ceilings and floor-to-ceiling windows, perfectly framing breathtaking views of Biscayne Bay, the Atlantic Ocean, and Miami’s evolving skyline. The building’s amenities rival those of the world-class Four Seasons hotels, featuring a full-service spa, a cutting-edge fitness center, and an iconic two-acre pool deck.
Situated at 1425 Brickell Avenue, Millennium Tower places residents in the heart of Miami’s Financial District while offering unmatched privacy and exclusivity, elevated high above the bustling city below. This is more than a home—it’s a sanctuary for those who demand the pinnacle of luxury living..
801 SMA Designer Suites
801 SMA Designer Suites is a rare gem among hotel-condos, seamlessly blending the best of luxury living and real estate investment. Owning a property here means acquiring top-tier real estate without compromise, along with a suite of amenities far beyond what traditional residential buildings offer.
Completed in 2018, this stunning 57-story tower is the result of a collaboration between renowned firms Arquitectonica and Yabu Pushelberg. Inside, the 450 condo residences and 84 luxury condo-hotel suites were designed with impeccable detail by celebrated artists Fernando Botero, Fabian Burgos, and Ana Isabel Martinez. Each space showcases premium features, such as hardwood and ceramic tile flooring, marble bathrooms, home automation systems, walk-in closets, soaking tubs, rain showers, European-imported cabinetry and woodwork, stone countertops, and top-of-the-line modern appliances. Select units also offer the exclusivity of private elevator foyer entries.
Guests will enjoy an impressive array of resort-style amenities. The property includes three swimming pools, two hot tubs, a rock climbing wall, a fully-equipped fitness center, yoga rooms, a tennis court, a full-service spa, and a juice bar. For leisure and entertainment, there’s a theater room, a business center, and multiple social spaces designed for hosting and mingling—all surrounded by the beauty of a seaside location.
